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Hong Kong in first recession for a decade amid protests

Months of anti-government protests have taken their toll on the territory's economy.

Source: BBC News - Business | 15 Nov 2019 | 11:44 pm(NZT)

Automakers around world await Trump tariff decision

Automakers around the world are awaiting a decision from U.S. President Donald Trump on whether he will impose up to 25% tariffs on U.S. car and auto part imports after a 180-day review period elapsed this week.

Source: Reuters: Business News | 15 Nov 2019 | 11:12 pm(NZT)

U.S. trade groups raise alarm over Canadian digital services tax

More than a dozen U.S. trade groups and the U.S. Chamber of Commerce on Friday urged the Trump administration to block a French-style digital services tax proposed by Canadian Prime Minister Justin Trudeau during October's election.

Source: Reuters: Business News | 15 Nov 2019 | 11:11 pm(NZT)

General election 2019: Labour pledges free broadband for all

Labour would part-nationalise BT to deliver the policy and tax tech giants to help cover the £20bn cost.

Source: BBC News - Business | 15 Nov 2019 | 10:54 pm(NZT)

AirAsia to sell tickets on other airlines as part of online push

Malaysian budget carrier AirAsia Group Bhd said on Friday it would sell flights on more than 100 other global airlines as part of a push to boost revenues.

Source: Reuters: Business News | 15 Nov 2019 | 10:31 pm(NZT)



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Jet grounding and delays overshadow Dubai Airshow

An eight-month crisis over the grounding of Boeing's 737 MAX jets and widespread industrial delays are setting an unpredictable backdrop to next week's Dubai Airshow, with some airlines reviewing fleet plans even as others look for bargains.

Source: Reuters: Business News | 15 Nov 2019 | 10:30 pm(NZT)

U.S. and China 'getting close' to trade deal: White House economic adviser

The United States and China are getting close to a trade agreement, White House economic adviser Larry Kudlow said on Thursday, citing what he called very constructive talks with Beijing about ending a 16-month trade war.

Source: Reuters: Business News | 15 Nov 2019 | 10:27 pm(NZT)

U.S.-China trade hopes revive stocks, protests leave scars

Hopes of a trade deal between Washington and Beijing turned world stock markets and other risk assets higher on Friday, though an escalating wave of global protests from Hong Kong to Chile left some deep scars.

Source: Reuters: Business News | 15 Nov 2019 | 10:21 pm(NZT)

Banks disagree on how to pay for fraud refunds

Without a new deal, victims of money transfer fraud could be left without protection from January.

Source: BBC News - Business | 15 Nov 2019 | 10:18 pm(NZT)

Highlights: Hong Kong paralyzed for fifth day, students guard campuses

Anti-government protesters paralyzed parts of Hong Kong for a fifth day on Friday, forcing schools to close and blocking some main roads, as university students barricaded campuses and authorities struggled to calm the violence.

Source: Reuters: Business News | 15 Nov 2019 | 10:02 pm(NZT)



Hong Kong confirms economy fell into recession amid protests, trade war

Hong Kong sank into recession for the first time in a decade in the third quarter, government data confirmed on Friday, weighed down by increasingly violent anti-government protests and the escalating U.S.-China trade war.

Source: Reuters: Business News | 15 Nov 2019 | 10:02 pm(NZT)

South Africa's SAA workers start strike that could cripple airline

Workers at South African Airways (SAA) downed tools on Friday to demand higher wages and protest planned job cuts in a strike that has forced the troubled state-owned carrier to cancel all flights and left its future hanging in the balance.

Source: Reuters: Business News | 15 Nov 2019 | 9:56 pm(NZT)

Oil rises amid optimism over OPEC supply cuts, hopes on U.S.-China trade

Oil prices gained on Friday after OPEC's forecast for oil demand next year fueled hopes that the producer group and allies will maintain supply cuts when they meet to discuss policy on output next month.

Source: Reuters: Business News | 15 Nov 2019 | 9:09 pm(NZT)

U.S. defense chief rejects Amazon's accusations of bias in cloud contract

U.S. Defense Secretary Mark Esper on Friday rejected any suggestion of bias in a Pentagon decision to award Microsoft Corp an up to $10 billion cloud computing contract, after Amazon.com Inc announced plans to challenge it.

Source: Reuters: Business News | 15 Nov 2019 | 9:06 pm(NZT)

Amazon challenges Pentagon's $10-billion cloud award to Microsoft

Amazon.com Inc on Thursday said it is contesting the Pentagon's award of an up to $10 billion cloud computing deal to Microsoft Corp , expressing concern that politics got in the way of a fair contracting process.

Source: Reuters: Business News | 15 Nov 2019 | 9:06 pm(NZT)

Alibaba backs Hong Kong's 'bright' future with huge listing

The $13bn listing would be the world's largest this year and comes amid growing unrest in Hong Kong.

Source: BBC News - Business | 15 Nov 2019 | 3:15 pm(NZT)

How trainers became a million dollar idea

The BBC's Aaron Heslehurst explains how trainers became a million dollar idea.

Source: BBC News - Business | 15 Nov 2019 | 1:36 pm(NZT)

How the government raises money from you to pay for the services you use.

Steph McGovern explains how the government raises money from you to pay for the services you use.

Source: BBC News - Business | 15 Nov 2019 | 1:33 pm(NZT)



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Life-like Russian androids and other news

BBC Click's Paul Carter looks at some of the week's best technology stories.

Source: BBC News - Business | 15 Nov 2019 | 1:07 pm(NZT)

Party plans would ‘boost minimum pay for millions’

The plans would double or treble the number whose wages are set by government, a think tank says.

Source: BBC News - Business | 15 Nov 2019 | 1:06 pm(NZT)

HS2: Five other giant projects facing big delays

The rail scheme faces huge cost overruns, but it's not the only big project behind schedule and over budget.

Source: BBC News - Business | 15 Nov 2019 | 1:05 pm(NZT)

Australia and others ask for Brexit trade compensation

A number of World Trade Organization countries have asked for compensation over Brexit.

Source: BBC News - Business | 15 Nov 2019 | 1:02 pm(NZT)

General election 2019: Tories promise help for 'left-behind' towns

A reduction in business rates for small firms is among a raft of measures pledged by the Conservatives.

Source: BBC News - Business | 15 Nov 2019 | 12:59 pm(NZT)

General election 2019: Labour pledges 'free broadband for the country'

John McDonnell said the party will bring free fibre broadband to every UK home by 2030 if it wins the election.

Source: BBC News - Business | 15 Nov 2019 | 11:00 am(NZT)

Amazon Faces Investor Pressure Over Facial Recognition

Shareholders are voting on whether to push the tech giant to examine the human rights and financial risks of the surveillance technology.

Source: NYT > Business | 20 May 2019 | 9:00 pm(NZT)

Whitney Houston’s Estate Plans a Hologram Tour and a New Album

The family of the singing star, who died seven years ago, has reached a deal with the marketing company behind the posthumous resurgence of Bob Marley.

Source: NYT > Business | 20 May 2019 | 9:00 pm(NZT)

In a Surprise, Japan’s Economy Grew in the First Quarter, Despite a Slowdown in China

But the strong figure masks lingering weakness, giving Prime Minister Shinzo Abe a mixed bag as he tries to strike a trade deal with the U.S.

Source: NYT > Business | 20 May 2019 | 5:53 pm(NZT)

Rain Much on Your Vacation? One Italian Island Offers Hotel Refunds

Tourists who visit Elba, off the coast of Tuscany, get one night back for every day during which it rains for more than two hours at a time.

Source: NYT > Business | 20 May 2019 | 4:18 pm(NZT)

As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money

The government profited and looked away as thousands of immigrant taxi drivers in New York were ravaged by exploitative loans.

Source: NYT > Business | 20 May 2019 | 4:04 pm(NZT)

TripAdvisor Modified Its Approach to Reviews and Sexual Assault. Did It Go Far Enough?

A woman assaulted by a tour guide says the company’s policies discourage reporting and keep travelers from finding out the truth.

Source: NYT > Business | 20 May 2019 | 3:36 pm(NZT)

‘They Were Conned’: How Reckless Loans Devastated a Generation of Taxi Drivers

Thousands of immigrants who were chasing the dream of owning a New York taxi were trapped in reckless loans by bankers who made huge profits, The Times found.

Source: NYT > Business | 20 May 2019 | 2:24 pm(NZT)

Deadly Germs, Lost Cures: Citrus Farmers Facing Deadly Bacteria Turn to Antibiotics, Alarming Health Officials

In its decision to approve two drugs for orange and grapefruit trees, the E.P.A. largely ignored objections from the C.D.C. and the F.D.A., which fear that expanding their use in cash crops could fuel antibiotic resistance in humans.

Source: NYT > Business | 20 May 2019 | 12:29 pm(NZT)

Mediator: Social Media Pollution, a Huge Problem in the Last Election, Could Be Worse in 2020

As a candidate, Donald Trump promoted a mystery Twitter account that falsely portrayed a protester as an ISIS terrorist. Nothing stops him from doing it again.

Source: NYT > Business | 20 May 2019 | 11:49 am(NZT)

Who Is Robert F. Smith, the Man Paying Off Morehouse Graduates’ Loans?

Mr. Smith amassed a fortune estimated to be worth $5 billion by founding a private equity firm. He’s also the chairman of the board of Carnegie Hall.

Source: NYT > Business | 20 May 2019 | 10:58 am(NZT)

As ‘Rocketman’ Prepares to Take Off, Hollywood Holds Its Breath

Depending on ticket sales, the R-rated musical fantasia about Elton John could have ripple effects for its star, its studio and the wider film industry.

Source: NYT > Business | 20 May 2019 | 10:45 am(NZT)

Tech Jobs Lead to the Middle Class. Just Not for the Masses.

The great hope for people without a bachelor’s degree hasn’t yet spread beyond small-scale success stories.

Source: NYT > Business | 20 May 2019 | 7:20 am(NZT)















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